KAVCA AS

1900 FETSUND

Finances

Return on Equity

38,68 %

Current Ratio

3,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 040 000	1 600 000	581 000	980 000
Net Income	188 000	266 000	−28 000	5 000
Total Assets	675 000	449 000	67 000	273 000
Total Equity	486 000	297 000	1 000	29 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 040 000	1 600 000	581 000	980 000
Expenditure	1 800 000	1 258 000	617 000	973 000
Operating Profit	240 000	342 000	−35 000	7 000
Financial Income	6 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	5 000	0	0	0
Earnings Before Tax	244 000	342 000	−35 000	7 000
Tax	56 000	76 000	−8 000	2 000
Net Income	188 000	266 000	−28 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	18 000	25 000	18 000
Total Current Assets	658 000	432 000	42 000	255 000
Total Assets	675 000	449 000	67 000	273 000
Total Retained Equity	426 000	237 000	−29 000	−1 000
Total Equity	486 000	297 000	1 000	29 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	190 000	152 000	66 000	243 000
Total Equity and Debt	675 000	449 000	67 000	273 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 040 000	1 600 000	560 000	980 000
Other Income	0	0	21 000	0
Revenue	2 040 000	1 600 000	581 000	980 000
Cost of Goods Sold	1 248 000	950 000	393 000	778 000
Salary Costs	307 000	204 000	127 000	167 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 800 000	1 258 000	617 000	973 000
Operating Profit	240 000	342 000	−35 000	7 000
Financial Income	6 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	5 000	0	0	0
Dividends	0	0	0	0
Net Income	188 000	266 000	−28 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	8 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	18 000	18 000	18 000	18 000
Total Fixed Assets	18 000	18 000	25 000	18 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	445 000	394 000	23 000	25 000
Total Current Assets	658 000	432 000	42 000	255 000
Total Assets	675 000	449 000	67 000	273 000
Total Equity	486 000	297 000	1 000	29 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	25 000	2 000	165 000
Unpaid Taxes	80 000	12 000	9 000	60 000
Dividends	0	0	0	0
Other Current Debt	51 000	45 000	54 000	16 000
Total Current Debt	190 000	152 000	66 000	243 000
Total Equity and Debt	675 000	449 000	67 000	273 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,68 %	89,56 %	−2 800 %	17,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,76 %	21,38 %	−6,02 %	0,71 %
Current Ratio	3,46	2,84	0,64	1,05
Quick Ratio	3,46	2,84	0,64	1,05
Equity Ratio	0,72	0,66	0,01	0,11
Gross Profit Margin	38,82 %	40,63 %	32,36 %	20,61 %